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Lower grocery prices, food stamp cuts hit Dollar General results

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Jefferies Cuts Price Target on Dollar General (DG) Following 3Q

December 2, 2016 8:33 AM EST

Jefferies maintained a Hold rating on Dollar General (NYSE: DG), and cut the price target to $70.00 (from $72.00), following the company's 3Q earnings report. Management still believes its sluggish sales are rooted in a distressed lower income consumer, which is faced with rent and... More